Sprinkle Art Inc
Nonprofit profile at a glance
- EIN
- 841526365
- IRS 990 coverage
- 2010–2022
- Forms available
- Form 990 2022
- Location
- Colorado Springs, CO, USA
- Phone
- 7195973344
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Arts Education
Reported finances
- Revenue
- $187,310
- Expenses
- $47,314
- Assets
- $261,746
- Liabilities
- $637
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Ana Olivas (President)
People named in this filing
- Crystal Lardy (Director)
- Ana Olivas (President)
- Madyson Fisk (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Imagination Celebration (IC) produces brain-stimulating, community-building, life- enhancing experiences for all ages, that demonstrate the power of the arts, the impact of the creative process, and the importance of creative thinking skills needed for the 21st Century, to help us thrive in a changing world.
What it reported doing in 2022
Creativity Center Imagination Celebrations Creativity Center is located via 3 spaces at an accessible, high traffic mall. - IC followed the success of our CACTUS (Creating Art Can Tell Untold Stories) program serving active military and veterans, to launch "Creative Exchange," serving refugees compelled to leave violent, unsafe conditions. Creative engagement activities provide tools and resources helping the safety, wellness, and abilities of New Americans. Dragon Theater Productions an inclusive community theater serving people of all abilities produced "Patching the Circus", a relevant post-COVID performance about rebuilding from loss - included 50+ performers and crew of all ages and abilities. Kaleidoscope Art Project provided dance for ages 3 to adult, working with 64 participants. Services included dance programs for Salvation Army and Catamount Institute.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 85
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.4%; rating input score 21
- Program expense ratio: 88%; rating input score 88
- Fundraising efficiency: $92.55 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 74.7%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 5.53; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -12.4% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -8.2% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 21.4% of revenue deployed · 88% of spending went to programs
- Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $42K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 filing years from 2010 to 2022
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.